The new multi-year agreement between Wake Forest Baptist and Premier
includes data-driven supply chain and group purchasing services;
integrated pharmacy solutions; cross-continuum cost, quality and service
line analytics; and financial performance improvement services.

“Premier understands the broad strategy of our unique institution and
delivery system model to provide high-value support,” said Conrad
Emmerich, executive vice president of Health System Affairs at Wake
Forest Baptist. “As an academic medical center in today’s value-based
care environment, we have a growing need to manage care across the
continuum, become clinically integrated and remove unjustified variation
while effectively managing costs. We expect Premier’s network of
alliance partners and performance improvement offering to help position
us for the future through shared insights, data and best practices.”

As part of the partnership, Wake Forest Baptist will leverage Premier’s
data-driven GPO and PremierConnect®
performance improvement platform to clinically integrate and centralize
its supply chain practices. It will also use clinical, financial and
pharmaceutical data management analytics to view utilization, variation
and outcomes information, compare effectiveness and prioritize areas of
improvement. This includes Premier’s recently launched clinician
performance management solution to track and benchmark performance,
and forecast reimbursement. Additionally, Premier will work with Wake
Forest Baptist to drive
and sustain efficiencies that improve outcomes in care delivery
across the continuum.

The financial terms of the agreement were not disclosed, and are not
expected to materially affect Premier’s fiscal 2017 financial results.

About Premier Inc.

Premier Inc. (NASDAQ: PINC) is a leading healthcare improvement company,
uniting an alliance of approximately 3,750 U.S. hospitals and more than
130,000 other provider organizations. With integrated data and
analytics, collaboratives, supply chain solutions, and advisory and
other services, Premier enables better care and outcomes at a lower
cost. Premier, a Malcolm Baldrige National Quality Award recipient,
plays a critical role in the rapidly evolving healthcare industry,
collaborating with members to co-develop long-term innovations that
reinvent and improve the way care is delivered to patients nationwide.
Headquartered in Charlotte, N.C., Premier is passionate about
transforming American healthcare. Please visit Premier’s news and
investor sites on www.premierinc.com;
as well as Twitter,
Facebook,
LinkedIn,
YouTube,
Instagram
and Premier’s
blog for more information about the company.

Forward-looking statements

Matters discussed in this release that are not statements of historical
or current facts, such as Wake Forest Baptist Medical Center’s
anticipated use of Premier’s supply chain and performance services at
expected levels, as discussed herein, are “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act of
1995. Forward-looking statements may involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of Premier to be materially different from
historical results or from any future results or projections expressed
or implied by such forward-looking statements. Accordingly, readers
should not place undue reliance on any forward looking statements. In
addition to statements that explicitly describe such risks and
uncertainties, readers are urged to consider statements in the
conditional or future tenses or that include terms such as “believes,”
“belief,” “expects,” “estimates,” “intends,” “anticipates” or “plans” to
be uncertain and forward-looking. Forward-looking statements may include
comments as to Premier’s beliefs and expectations as to future events
and trends affecting its business and are necessarily subject to
uncertainties, many of which are outside Premier’s control. More
information on potential factors that could affect Premier’s financial
results is included from time to time in the “Forward Looking
Statements,” “Risk Factors” and “Management’s Discussion and Analysis of
Financial Condition and Results of Operations” sections of Premier’s
periodic and current filings with the SEC and available on Premier’s
website at investors.premierinc.com. Forward looking statements speak
only as of the date they are made. Premier undertakes no obligation to
publicly update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise that occur after
that date.

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